Saving vs Investing, You should be saving at least 20%

Episode 16: Saving vs Investing: Earn + Save + Invest = Wealth
Learning to SAVE precedes learning to INVEST. Most people want to skip ahead to Investing, because it’s thought to be more glamorous. That’s how the media and the financial industry have propagandized the message. The industry wants you to “invest”…so that they can charge you fees.

Before you can invest, you need to save a substantial “nest egg”; otherwise the rewards for your efforts will be minimal. Mark Twain said, “You should be more concerned with the return OF your principle than the return ON your principle”. As you begin to build your nest egg, your net worth will be most impacted by your SAVING habits, not your investing achievements.

Save at least 20%…remember wealth building principle 10: Wealth is a lifestyle.

Subscribe to the Wealthsteading Podcast via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058
Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com
Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Celebrity lifestyle vs Wealthsteading, How to get paid more, Defining success, Market rebounds with weak volume after 4% decline

Episode 15:  Celebrity lifestyle vs Wealthsteading- we discuss the tragic suicide of Robin Williams in terms of wealth and happiness.

How to get paid more- the earnings equation is simple = training period + demand + performance level

Defining success- Earl Nightingale philosophy “Success is the progressive realization of a worthy goal.”

Market rebounds with weak volume after 4% decline.

Subscribe to the Wealthsteading Podcast via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

 

Market still in Correction, How to Determine a Market Bottom, European bond Yields irrational, Long term trend lower Oil prices, Caterpillar share buy back, Buy backs distort earnings

Episode 14:  Market still in Correction, indexes remain below their 50 day moving average.  Be patient, don’t buy dips yet.

How to Determine a Market Bottom?  Use the Bill O’Neil Investor’s Business Daily (www.investors.com) method.  Wait till at least the 4th day of recovery off a market bottom.  Follow through days that confirm a market’s change in direction generally occur on the 4-7 days following a bottom.

European bond yields irrational.  France @ 1.46%.  Italy @ 2.8%.  German’s stock market down 11% last week.

Long term trend-  lower Oil prices.  Will result in a lower cost for EVERYTHING…this price deflation will help spur the economy.  All commodities will have a lower or stable price, including Gold.  North Dakota’s oil production is about 70% of Iran, without the turmoil and drama…and without the cost of an army or navy to protect it.

Caterpillar will buy back 6.5% of their shares…will give illusion of earnings growth.

Corporate share buy backs in 2014 are averaging about 4%, this is used as balance sheet engineering to mask stagnant growth.  During a recovery and an expanding economy, companies issue stocks (stock splits).  Buy backs are a form of contractions, NOT growth.

 

Subscribe to the Wealthsteading Podcast via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

Market in correction and remains below 50 dma, Russian sanctions, Exodus out of junk bonds, How to invest a small sum, Ebola pandemic or hype? & more on Propaganda

Episode 13

o  Market’s stay below 50 day moving average and IBD changes the market status to “market in correction” on 8/5/14.

o  Fear of Russian sanctions/counter-sanctions on world economy

  • Smoot Hawley Act ushered in the Depression

o   Large exodus out of junk bonds

  • Listener questions

o   How to invest a small sum of money?  You don’t, you save it.  There’s a difference between “saving” and “investing”.

o   Ebola- is it real or hype?  Doesn’t matter in terms of the stock market where perception is reality.  Trades are made in anticipation of future earnings…the threat of a pandemic could positively or negatively impact a stock’s short term price.

  • Propaganda

o   Yahoo Finance charges for headline placement

o   Democratic congressman shames Obama for lying…while enabling him

Subscribe to the Wealthsteading Podcast via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

 

Market worst week in 2 years, Jobs Unemployment, Countries at risk to Default, Build a Watch List, P&G, Facebook, LinkedIn, Burger King

Episode 12

  • Market continues slide, worst week in 2 years
  • Stagnant jobs report helps stabilize the market- good news is bad news on Wall Street…hope is that Fed will keep low interest rates.
  • 10 countries at risk to default on bad debt
  • US consumers have been doing some deleveraging but near 30% in collections
    • Huge debts in: Student Loans, Automobiles, and Solar Panels
  • During turbulent markets, be patient, build a Watch List:
    • Examples- P&G, Facebook, LinkedIn, Burger King

Subscribe to the Wealthsteading Podcast via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.